SHOULD WE HAVE A WEDDING CONTINGENCY

Without devising and sticking to a realistic budget, many couples struggle to finance the wedding day of their dreams. Buying all the bits and bobs that make a wedding just as fabulous as you are, adds up.

Preparing your finances with a contingency fund is recommended, but where do you start when setting aside this essential cash reserve?

We explore below. What are the benefits of having a contingency?

A quick online search will reveal the long list of products and services a couple needs to call upon for their wedding day.

Being aware of the wedding costs that could creep up when you least expect them will ensure you are as well prepared as you can be when planning the best day of your life. Hidden costs come in all shapes and sizes; from the stamps needed to send your save-thedates and invitations, to those lastminute beauty treatments. Your contingency fund is there should you encounter these unexpected expenses. Work out how much you can afford to spend in total, make a list of everything you need to sort then decide how you will divide your wedding budget. Try to make your list as detailed as possible, and ensure that you set aside enough for each item. Recently married friends, wedding magazines and websites are all good sources of advice. How much should we set aside?